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Programming can be very useful for many things. I certainly wish I was proficient at coding. I've had programmers help me create the tools I use. But programming is no substitute for market understanding. It may not relate to you personally, but I feel many people are trying to solve the puzzle...

I understand. Are your algorithms based on high frequency trading? FWIW, I can't quite imagine how I could code my current strategies. In short, I do a lot of If-Then analysis based on statistical data (where the process of obtaining that is fully automated). But I'm not sure I could find a way...

If I recall correctly, you used to be a manual trader, but automated all of it? Did you change your methodology along the way while automating or was it just a matter of translating your manual trading into hard rules? How long did it take you to become fully automated?

The OP seems to have some agenda in the way he's describing Spain, i.e., trying to be come off cool and aloof, or he's just very negative. I've been around in Spain and never felt unsafe or had any complaints. I love Spain.

There's been plenty of negative news in the last 10 years that the markets have shrugged of like it's nothing.

Thanks, man. Will do some searching and see if I can find something that's available for Ninjatrader. If not, I suppose it could be customed coded. Much appreciated.

Very nice. Thanks for sharing. I'd love to use indicators myself, but haven't yet found (or created) anything I find worthwhile (read: sufficiently reliable long term). Are those proprietary indicators or available somewhere?

Cool. What is PVO and SMI?

That's a fast chart - but I agree that it's very useful with regards to entries and exits as long as one does not lose sight of the big picture. What's your typical stop and target?

Technically, another push higher before the close is the most likely pattern here, IMO. EDIT: 77,75 is R10. If we go that far down, it could be a sweet long entry.

Last week was an inside week, but still within recent weekly ranges (100 points). This week is so far also an inside week. Last week we got range expansion on Friday. Current weekly range is around 48 points. If we can extrapolate either way, that means we have potential of 2950 to the up side...

I would not be surprised to see today turn into an outside day, i.e., printing 2900 +. Me and others may be impatient for new lows on the daily chart and in the end be right, but new lows does not exclude larger up days in between.

Should normally trade down to at least 71. Choppy action right now though. EDIT: Scratch that, obviously.

FWIW, I think there's a chance we can roll over from here. That said, I'm currently flat.

Bingo, bango, ...? :p

R10 at 67,00. Main hypothesis for the rest of the day is still that the LOD is set and that we can see a move up towards 78 by the closing bell. I'm sure the week low is not in yet - but I think that will have to wait for tomorrow? Or what say ye? Of course there's a chance that we'll drop...

LOD most likely set for today.

Don't get it either. Today offered: -20,75 +19,25 -10,00 +14,50 -14,75 +15,75 For a total of 95 points! A daily range of 24,75 is also fairly nice by most standards. Not every day can be a 90 + point range.

Why would you be surprised?

Short term buy signals in place at 64,50, but no follow through yet. Potential bottom here. OTOH - Higher timeframes are looking heavy.